Crypto NewsAnalysisNew Prediction for Bitcoin from the Famous Hedge Fund Manager! "If this...

New Prediction for Bitcoin from the Famous Hedge Fund Manager! "If this level is broken, BTC will reach 90 thousand dollars!"

Famous hedge fund manager Dan Tapiero claimed that Bitcoin could see a surprising increase reaching between $90,000 and $200,000 in 2024.

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As Bitcoin exceeds $61,000, expectations for the price are also increasing. At this point, while we are talking about the previous ATH level of $ 69,000 for BTC in the short term, a long-term target of $ 200,000 in 2024 is being talked about.

At this point, the final assessment came from hedge fund manager Dan Tapiero.

Making a new post from his X account, Tapiero claimed that Bitcoin could see a surprising increase reaching between $ 90,000 and $ 200,000 in 2024.

While the famous name attributed this upward expectation to the remarkable rise that BTC experienced in a short time, he said that despite this significant rise, the market did not overheat, but there were still many skeptics.

Additionally, Tapiero argued that a shocking acceleration in BTC is imminent due to the macroeconomic backdrop, including short interest rates in the US and a strong US dollar, that could further fuel Bitcoin's rise.

“Bitcoin is up almost 100% in 5 months and there is still no sense of overheating.

But suspects are still everywhere.

Short-term interest rates in the US are still 5%! USD is strong. Due to this macroeconomic backdrop, I think a shocking acceleration in BTC is imminent.

Breaking $70,000 in Bitcoin takes us directly towards $90,000.

Then this year it's $150,000 to $200,000.”

*This is not investment advice.



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